Mayville Engineering Company (MEC) Asset Utilization Ratio (2019 - 2026)
Mayville Engineering Company's (MEC) Asset Utilization Ratio was 1.01 for Q2 2026, down 15.6% from 1.19 a year earlier but up 3.3% from the prior quarter.
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Analysis
Mayville Engineering Company (MEC) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Mayville Engineering Company was 1.08, down 12.3% from FY2024.
- Asset Utilization Ratio has declined for three consecutive years.
- By year, Asset Utilization Ratio came in at 1.23 in FY2024 (-1.7%), 1.26 in FY2023 (-4.5%), 1.32 in FY2022 (+3.8%) and 1.27 in FY2021 (+24.4%).
- Five-year quarterly Asset Utilization Ratio spans a low of 0.95 in Q4 2025 and a high of 1.28 in Q2 2024.
- Year over year, Asset Utilization Ratio has now declined in each of the last five quarters, with an average decline of 7.1% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q3 2024 (growth of 18.3%); the low point was Q4 2025 (a decline of 25.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.97 (Q1 2026), 0.95 (Q4 2025) and 1.05 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 0.75 |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 0.67 |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 0.54 |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 0.70 |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 0.78 |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 0.44 |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 0.72 |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 1.01 |
| 10 | Mayville Engineering Company | 428.92 Mn | 421.93 Mn | 17.70 Mn | 1.01 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.01 |
| Mar 31, 2026 | 0.97 |
| Dec 31, 2025 | 0.95 |
| Sep 30, 2025 | 1.05 |
| Jun 30, 2025 | 1.19 |
| Mar 31, 2025 | 1.24 |
| Dec 31, 2024 | 1.28 |
| Sep 30, 2024 | 1.28 |
| Jun 30, 2024 | 1.28 |
| Mar 31, 2024 | 1.22 |
| Dec 31, 2023 | 1.15 |
| Sep 30, 2023 | 1.08 |
| Jun 30, 2023 | 1.12 |
| Mar 31, 2023 | 1.23 |
| Dec 31, 2022 | 1.22 |
| Sep 30, 2022 | 1.17 |
| Jun 30, 2022 | 1.12 |
| Mar 31, 2022 | 1.16 |
| Dec 31, 2021 | 1.20 |
| Sep 30, 2021 | 1.17 |
API Access
Mayville Engineering Company Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();